National Savings and Investments

2-YEAR FIXED INTEREST NATIONAL SAVINGS CERTIFICATES—NEW ISSUE

35th Issue 2-year Fixed Interest Savings Certificates went on sale on 24 January 2007. A Certificate will grow in value at a guaranteed rate each year as follows:
Year 1 3.55%
Year 2 3.76%
If a Certificate is held for two years, these rates will give a tax-free and guaranteed return equal to 3.65% pa compound.

5-YEAR FIXED INTEREST NATIONAL SAVINGS CERTIFICATES—NEW ISSUE

84th Issue 5-year Fixed Interest Savings Certificates went on sale on 24 January 2007. A Certificate will grow in value at a guaranteed rate each year as follows:
Year 1 3.10%
Year 2 3.20%
Year 3 3.40%
Year 4 3.70%
Year 5 4.11%
If a Certificate is held for five years, these rates will give a tax-free and guaranteed return equal to 3.50% pa compound.

NATIONAL SAVINGS AND INVESTMENTS CHILDREN’S BONUS BONDS—NEW ISSUE

Issue 22 Children’s Bonus Bonds went on sale on 24 January 2007. For the first five years each £25 unit will earn interest at 3.10% pa compound. On the fifth anniversary of purchase it also earns a bonus of £2.18 (8.72% of purchase price). At these rates a Bond will earn a tax-free return equal to 4.60% pa compound over the first five years.

NATIONAL SAVINGS AND INVESTMENTS CAPITAL BONDS—NEW SERIES

Series 26 Capital Bonds went on sale on 24 January 2007. A Bond will grow in value at a guaranteed gross rate each year as follows:
Year 1 4.25%
Year 2 4.55%
Year 3 4.85%
Year 4 5.15%
Year 5 5.46%
If a Bond is held for five years, these rates will give a guaranteed return equal to 4.85% pa compound. The interest is credited gross and is taxable.

NATIONAL SAVINGS AND INVESTMENTS FIXED RATE SAVINGS BONDS—NEW ISSUE

New Issues of Fixed Rate Savings Bonds went on sale on 24 January 2007 as shown in the table below. The rate of interest earned by a Bond will be determined by its capital value at any time—the original investment plus any interest added to the Bond less any repayments. The rate is determined by whether the interest is paid monthly or at maturity. Interest is paid net of tax.

Term	Capital value of bond	Gross Annual Rates
		Annual interest option	Monthly interest option
1-year issue 35	£500 to £19,999.00	4.90%	4.80%
	£20,000 to £49,999.99	5.05%	4.95%
	£50,000 and above	5.25%	5.15%
3-year issue 29	£500 to £19,999.00	4.80%	4.70%
	£20,000 to £49,999.99	4.95%	4.85%
	£50,000 and above	5.15%	5.05%
5-year issue 26	£500 to £19,999.00	4.60%	4.50%
	£20,000 to £49,999.99	4.75%	4.65%
	£50,000 and above	4.95%	4.85%

NATIONAL SAVINGS AND INVESTMENTS PENSIONERS GUARANTEED INCOME BONDS 1-YEAR TERM—NEW SERIES

Series 33 1-year Pensioners Guaranteed Income Bonds went on sale on 24 January 2007. The interest rate, fixed and guaranteed for the first year a Bond is held, is 5.10% pa gross. The interest is paid gross and is taxable.

NATIONAL SAVINGS AND INVESTMENTS PENSIONERS GUARANTEED INCOME BONDS 2-YEAR TERM—NEW SERIES

Series 39 2-year Pensioners Guaranteed Income Bonds went on sale on 24 January 2007. The interest rate, fixed and guaranteed for the first year a Bond is held, is 5.05% pa gross. The interest is paid gross and is taxable.

NATIONAL SAVINGS AND INVESTMENTS PENSIONERS GUARANTEED INCOME BONDS 5-YEAR TERM—NEW SERIES

Series 47 5-year Pensioners Guaranteed Income Bonds went on sale on 24 January 2007. The interest rate, fixed and guaranteed for the first year a Bond is held, is 4.80% pa gross. The interest is paid gross and is taxable.

NATIONAL SAVINGS AND INVESTMENTS—NEW GENERAL EXTENSION RATE

Effective 1 February 2007, the variable rate of interest for National Savings Certificates (including Yearly Plan Certificates) earning the General Extension Rate will be 2.73% pa tax-free.

NATIONAL SAVINGS AND INVESTMENTS INDIVIDUAL SAVINGS ACCOUNTS—NOTICE OF NEW INTEREST RATE

On and from 24 January 2007 the variable tax-free rate of interest payable on Individual Savings Accounts (cash mini and TESSA-only) will be 4.85% pa.

NATIONAL SAVINGS AND INVESTMENTS TREASURER’S ACCOUNTS—NOTICE OF NEW INTEREST RATES

On and from 24 January 2007 the variable gross rates of interest payable on Treasurer’s Accounts will be as follows:

£10,000 to £24,999.99	4.10% pa
£25,000 to £99,999.99	4.30% pa
£100,000 and above	4.65% pa

NATIONAL SAVINGS AND INVESTMENTS INVESTMENT ACCOUNTS—NOTICE OF NEW INTEREST RATES

On and from 24 January 2007 the variable gross rates of interest payable on Investment Accounts will be as follows:

Balance in Account	Rate of Interest
up to £499.00	3.55% pa
£500 to £4,999.090	3.60% pa
£5,000 to £9,999.99	3.70% pa
£10,000 to £24,999.99	3.90% pa
£25,000 to £49,999.00	4.10% pa
£50,000 and above	4.45% pa

NATIONAL SAVINGS AND INVESTMENTS EASY ACCESS SAVINGS ACCOUNTS—NOTICE OF NEW INTEREST RATES

On and from 24 January 2007 the variable gross rates of interest payable on Easy Access Savings Accounts will be as follows:

Balance in Account	Rate of Interest
£100 to £999.99	2.10%pa
£1,000 to £4,999.99	3.60% pa
£5,000 to £9,999.99	3.90% pa
£10,000 to £24,999.99	4.15% pa
£25,000 to £49,999.99	4.40% pa
£50,000 and above	4.65% pa

The interest is credited gross and is taxable.

NATIONAL SAVINGS ORDINARY ACCOUNTS—NOTICE OF NEW INTEREST RATES

On and from 1 February 2007 the variable rates of interest payable on Ordinary Accounts will be as follows:

Up to £499.99	1.60% pa
£500 and above	1.70% pa

The higher rate of interest is paid for each complete calendar month that £500 or more is in the account.

NATIONAL SAVINGS INCOME BONDS—NOTICE OF NEW INTEREST RATE

On and from 24 January 2007 the variable “Treasury Rate” of interest payable on Income Bonds will be 4.70% pa gross. The bonus rate for bonds held under the same register number with a total capital value of at least £25,000 will be 0.25% pa gross.

PREMIUM SAVINGS BONDS—NOTICE OF NEW INTEREST RATE AND CHANGE TO SCALE OF PRIZES

On and from 1 February 2007 the rate of interest specified or determining the amount of the prize fund will be 3.60% pa. In respect of each prize draw there will be one prize for every 24,000 bond units eligible for inclusion in the draw. The monthly prize fund will be shared between the higher, medium and lower value bands as follows: 10%, 10% and 80% respectively (subject to any adjustments required by the terms and conditions)

Issued by National Savings and Investments on behalf of the Treasury.